Snap-on Future Growth

Future criteria checks 1/6

Snap-on is forecast to grow earnings and revenue by 1.3% and 2.1% per annum respectively. EPS is expected to grow by 3.7% per annum. Return on equity is forecast to be 18.7% in 3 years.

Key information

1.3%

Earnings growth rate

3.7%

EPS growth rate

Machinery earnings growth	12.5%
Revenue growth rate	2.1%
Future return on equity	18.7%
Analyst coverage	Good
Last updated	22 Oct 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:SPU - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,107	1,103	1,067	1,181	6
12/31/2025	4,892	1,068	1,095	1,200	11
12/31/2024	4,716	1,038	1,106	1,208	11
9/28/2024	5,103	1,041	1,134	1,221	N/A
6/29/2024	5,110	1,033	1,141	1,232	N/A
3/30/2024	5,115	1,026	1,108	1,201	N/A
12/30/2023	5,108	1,011	1,059	1,154	N/A
9/30/2023	5,059	995	971	1,068	N/A
7/1/2023	4,994	976	821	912	N/A
4/1/2023	4,933	943	696	783	N/A
12/31/2022	4,843	912	591	675	N/A
10/1/2022	4,794	897	610	687	N/A
7/2/2022	4,729	869	670	744	N/A
4/2/2022	4,674	845	770	841	N/A
1/1/2022	4,602	821	897	967	N/A
10/2/2021	4,574	806	981	1,062	N/A
7/3/2021	4,477	789	1,025	1,099	N/A
4/3/2021	4,117	682	1,047	1,115	N/A
1/2/2021	3,942	627	943	1,009	N/A
9/26/2020	3,814	589	827	888	N/A
6/27/2020	3,772	574	715	795	N/A
3/28/2020	3,999	653	590	687	N/A
12/28/2019	4,068	694	575	675	N/A
9/28/2019	4,064	698	594	694	N/A
6/29/2019	4,058	697	592	693	N/A
3/30/2019	4,059	695	641	734	N/A
12/29/2018	4,070	680	674	765	N/A
9/29/2018	4,090	634	649	742	N/A
6/30/2018	4,092	605	N/A	708	N/A
3/31/2018	4,055	579	N/A	648	N/A
12/30/2017	4,000	558	N/A	609	N/A
9/30/2017	3,910	575	N/A	576	N/A
7/1/2017	3,833	573	N/A	592	N/A
4/1/2017	3,775	560	N/A	627	N/A
12/31/2016	3,712	546	N/A	576	N/A
10/1/2016	3,663	532	N/A	571	N/A
7/2/2016	3,640	517	N/A	573	N/A
4/2/2016	3,608	497	N/A	571	N/A
1/2/2016	3,593	479	N/A	507	N/A
10/3/2015	3,595	464	N/A	449	N/A
7/4/2015	3,572	450	N/A	424	N/A
4/4/2015	3,540	437	N/A	388	N/A
1/3/2015	3,493	422	N/A	403	N/A
9/27/2014	3,421	400	N/A	423	N/A
6/28/2014	3,359	381	N/A	420	N/A
3/29/2014	3,290	363	N/A	405	N/A
12/28/2013	3,238	350	N/A	393	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SPU's forecast earnings growth (1.3% per year) is above the savings rate (1%).

Earnings vs Market: SPU's earnings (1.3% per year) are forecast to grow slower than the German market (20.9% per year).

High Growth Earnings: SPU's earnings are forecast to grow, but not significantly.

Revenue vs Market: SPU's revenue (2.1% per year) is forecast to grow slower than the German market (5.6% per year).

High Growth Revenue: SPU's revenue (2.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SPU's Return on Equity is forecast to be low in 3 years time (18.7%).

Snap-on Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

Third quarter dividend of US$2.14 announced

Snap-On Incorporated Declares Quarterly Common Stock Dividend, Payable on December 10, 2024

Third quarter 2024 earnings released: EPS: US$4.77 (vs US$4.60 in 3Q 2023)

Snap-on Incorporated to Report Q3, 2024 Results on Oct 17, 2024

Second quarter dividend of US$1.86 announced

Snap-On Incorporated Declares Quarterly Common Stock Dividend, Payable on September 10, 2024

Second quarter 2024 earnings released: EPS: US$5.15 (vs US$4.99 in 2Q 2023)

Snap-on Incorporated to Report Q2, 2024 Results on Jul 18, 2024

Insider recently sold €2.1m worth of stock

Upcoming dividend of US$1.86 per share

First quarter dividend of US$1.86 announced

Snap-on Incorporated Declares Quarterly Common Stock Dividend, Payable on June 10, 2024

First quarter 2024 earnings released: EPS: US$4.99 (vs US$4.69 in 1Q 2023)

Snap-on Incorporated to Report Q1, 2024 Results on Apr 18, 2024

Snap-on Incorporated, Annual General Meeting, Apr 25, 2024

Senior VP of Finance & CFO recently sold €808k worth of stock

Fourth quarter dividend of US$1.86 announced

Snap-on Incorporated Declares Quarterly Common Stock Dividend, Payable on March 11, 2024

Full year 2023 earnings released: EPS: US$19.11 (vs US$17.14 in FY 2022)

Snap-on Incorporated to Report Q4, 2023 Results on Feb 08, 2024

Now 21% undervalued

Now 20% undervalued

Upcoming dividend of US$1.86 per share at 2.4% yield

Snap-on Incorporated (NYSE:SNA) acquired Mountz, Inc. for approximately $40 million.

Snap-on Incorporated Raises Quarterly Dividend, Payable on December 11, 2023

Third quarter 2023 earnings released: EPS: US$4.60 (vs US$4.21 in 3Q 2022)

Snap-on Incorporated to Report Q3, 2023 Results on Oct 19, 2023

Now 21% undervalued

Upcoming dividend of US$1.62 per share at 2.4% yield

Snap-on Incorporated Declares Quarterly Dividend, Payable on September 11, 2023

Second quarter 2023 earnings released: EPS: US$4.98 (vs US$4.34 in 2Q 2022)

Snap-on Incorporated to Report Q2, 2023 Results on Jul 20, 2023

Upcoming dividend of US$1.62 per share at 2.5% yield

Insider recently sold €118k worth of stock

First quarter 2023 earnings released: EPS: US$4.69 (vs US$4.07 in 1Q 2022)

Now 20% undervalued

Now 20% undervalued

Independent Director recently sold €475k worth of stock

Upcoming dividend of US$1.62 per share at 2.6% yield

Independent Director recently sold €84k worth of stock

Snap-on Incorporated Declares Quarterly Dividend, Payable on March 10, 2023

Full year 2022 earnings released: EPS: US$17.14 (vs US$15.22 in FY 2021)

Snap-on Incorporated to Report Q4, 2022 Results on Feb 02, 2023

Insufficient new directors

Upcoming dividend of US$1.62 per share

Snap-On Incorporated Declares Quarterly Dividend, Payable on December 9, 2022

Third quarter 2022 earnings released: EPS: US$4.21 (vs US$3.65 in 3Q 2021)

Snap-on Incorporated to Report Q3, 2022 Results on Oct 20, 2022

Upcoming dividend of US$1.42 per share

Snap-On Incorporated Declares Quarterly Dividend, Payable September 9, 2022

Second quarter 2022 earnings released: EPS: US$4.34 (vs US$3.85 in 2Q 2021)

Snap-on Incorporated to Report Q2, 2022 Results on Jul 21, 2022

Upcoming dividend of US$1.42 per share

First quarter 2022 earnings released: EPS: US$4.07 (vs US$3.56 in 1Q 2021)

Insufficient new directors

First quarter 2022 earnings released: EPS: US$4.07 (vs US$3.56 in 1Q 2021)

Snap-on Incorporated to Report Q1, 2022 Results on Apr 21, 2022

Upcoming dividend of US$1.42 per share

Independent Director recently sold €71k worth of stock

Snap-On Incorporated Declares Quarterly Dividend, Payable on March 10, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Independent Director recently sold €428k worth of stock

Upcoming dividend of US$1.42 per share

Third quarter 2021 earnings released: EPS US$3.65 (vs US$3.31 in 3Q 2020)

Independent Director recently sold €606k worth of stock

Upcoming dividend of US$1.23 per share

Second quarter 2021 earnings released: EPS US$3.85 (vs US$1.86 in 2Q 2020)

Principal Accounting Officer, VP & Controller Richard Strege has left the company

Snap-on Incorporated(NYSE:SNA) dropped from Russell 1000 Dynamic Index

Upcoming dividend of US$1.23 per share

Snap-On Incorporated Declares Quarterly Dividend, Payable on June 10, 2021

First quarter 2021 earnings released: EPS US$3.55 (vs US$2.52 in 1Q 2020)

Snap-on Incorporated, Annual General Meeting, Apr 29, 2021

New 90-day high: €168

Independent Director recently sold €64k worth of stock